Loan discounts, new membership offers, and other assorted treats!
LOOKING FOR A CAR? START YOUR SEARCH HERE FOR A CHANCE AT SOME CASH!
Submit an online quote request for a vehicle of your choice from the Member Auto Center site during the between May 1, 2018, and June 15, 2018 for a chance at a $500 gift card. Member Auto Center provides members accessibility to new or used vehicles, credit union focused dealer contacts, vehicle carfax reports, and the opportunity to sell your current vehicle with convenience.
Member Auto Center is available for your auto shopping needs, and HCFCU is here for your lending needs. Any member who submits a request for a quote through Member Auto Center sale site will also be entered into a drawing for a chance at an additional $100 gift card! The quote request must have been submitted prior to June 15th and you must be an eligible member of the credit union.
It’s Easy As 1-2-3!
- Visit & search at hcfcu.carsale.memberautocenter.com before June 15, 2018.
- Find the car that’s right for you & complete the no-obligation price quote.
- In the comment section enter code word: 2018CSE1 and hit submit!*
The old stereotype of the shady used-car salesman isn’t fair to most people who sell cars and trucks. But, accurate or not, it speaks to the fact that buying a vehicle can be challenging, and that it’s easy to walk away feeling like you spent more money than you should have.
If you’re borrowing to buy a car or truck, the best way to protect yourself is to be smart about an auto loan. Follow these tips to get the best deal.
- Improve your credit. To get the best interest rate, you’ll need good credit. If you don’t have to buy a car immediately, it might be worth trying to boost your credit score Pull and read your credit reports, dispute any errors you find, pay down your credit cards, consider raising your credit limit and take other measures that might make you a more attractive borrower.
- Budget first. Most of us have a general idea of how much we can pay each month on a vehicle. But close doesn’t count when paying bills. If you don’t already keep a budget, work one up before car shopping, so you know how much you can afford on your payments.
- Shop for the best rate. When you’re ready to buy, the dealership likely will offer financing. But that won’t always be the best deal you can find. Often you’ll find a lower rate at a community bank or credit union, like Harris County Federal Credit Union. Look into an auto loan before you go car shopping. If you know all that’s available, you’ll be less likely to overpay.
- Look out for hidden fees. Dealers have their own fees for which you should keep an eye out. So too do auto loans. For example, some loans carry a fee for early termination — that is, a penalty for paying your car off early (and thus denying the lender some of the interest due). If you think you might be able to pay off your loan faster than the terms dictate, ask about early termination fees. In general, familiarize yourself with all the terms of your auto loan so you’re never taken by surprise.
Buying a car or truck is expensive, and most of us can’t do it without taking out an auto loan. By approaching the loan process carefully, you could shave hundreds or even thousands of dollars off the price you’ll end up paying for your vehicle.
Doug Gross, NerdWallet
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